ITunes refuses to open after software update

Question

So i recently had my macbook updated to OS X 10.7, but in the process all my information was wiped. Luckily i saved it all on my harddrive. When i then tried to re-install all my applications, the only one i had a problem with was iTunes. I installed the new iTunes 10.6.3, but everythime i opened it, it would tell me to reintsall it and check if my mac OS X software is compatible with this itunes. i would get this error message:
Process:         iTunes [7946]
Path:            /Applications/iTunes.app/Contents/MacOS/iTunes
Identifier:      com.apple.iTunes
Version:         10.6.3 (10.6.3)
Build Info:      iTunes-10632501~1
Code Type:       X86 (Native)
Parent Process:  launchd [120]
Date/Time:       2012-07-20 01:58:31.677 +0100
OS Version:      Mac OS X 10.7 (11A419)
Report Version:  9
Sleep/Wake UUID: 82F4821D-0DEB-43B0-8A47-C6E1812C7E67
Interval Since Last Report:          39183 sec
Crashes Since Last Report:           62
Per-App Crashes Since Last Report:   54
Anonymous UUID:                      52182B31-A44D-4CE5-A6A9-7DCE56574664
Crashed Thread:  0
Exception Type:  EXC_BREAKPOINT (SIGTRAP)
Exception Codes: 0x0000000000000002, 0x0000000000000000
Application Specific Information:
dyld: launch, loading dependent libraries
@executable_path/../Frameworks/iPodUpdater.framework/Versions/A/iPodUpdater
Dyld Error Message:
  Library not loaded: @executable_path/../Frameworks/iPodUpdater.framework/Versions/A/iPodUpdater
  Referenced from: /Applications/iTunes.app/Contents/MacOS/iTunes
  Reason: unsafe use of @executable_path in /Applications/iTunes.app/Contents/MacOS/iTunes with restricted binary
Binary Images:
    0x1000 -  0x1138fdf  com.apple.iTunes (10.6.3 - 10.6.3) <307F7FE8-1C94-272C-C31F-42AF69ED30E7> /Applications/iTunes.app/Contents/MacOS/iTunes
0x8fe9d000 - 0x8fecfb5f  dyld (195.2 - ???) <DB28F633-4D3B-36D0-AD24-F593B3581817> /usr/lib/dyld
Model: MacBook6,1, BootROM MB61.00C8.B00, 2 processors, Intel Core 2 Duo, 2.26 GHz, 2 GB, SMC 1.51f53
Graphics: NVIDIA GeForce 9400M, NVIDIA GeForce 9400M, PCI, 256 MB
Memory Module: BANK 0/DIMM0, 1 GB, DDR3, 1067 MHz, 0x80CE, 0x4D34373142323837334548312D4346382020
Memory Module: BANK 1/DIMM0, 1 GB, DDR3, 1067 MHz, 0x80CE, 0x4D34373142323837334548312D4346382020
AirPort: spairport_wireless_card_type_airport_extreme (0x14E4, 0x93), Broadcom BCM43xx 1.0 (5.100.98.39.3)
Bluetooth: Version 2.5.0b29, 2 service, 19 devices, 1 incoming serial ports
Network Service: AirPort, AirPort, en1
Serial ATA Device: TOSHIBA MK2555GSXF, 250.06 GB
Serial ATA Device: MATSHITADVD-R   UJ-898
USB Device: Apple Internal Keyboard / Trackpad, apple_vendor_id, 0x0237, 0x04600000 / 2
USB Device: BRCM2070 Hub, 0x0a5c  (Broadcom Corp.), 0x4500, 0x06100000 / 2
USB Device: Bluetooth Module, apple_vendor_id, 0x8218, 0x06130000 / 4
Does anyone know exactly what is wrong and what i need to do to get iTunes back up and running?

Answer 1

Not so weird, Travis.
It is happening to many of us. G5 tower 10.4.11
So the update killed iChat, Mail, itunes, safari, dictionary any apple installer, software update, as well as programs like cocktail, onyx and many others too numerous to name here.
My update didn't have an error message.
Here is what I have done:
Dumped all the prefs, tried to find corrupted fonts=none, cleaned font cache, repaired permissions (I always do this before I install any apple stuff), repaired disk, did that from the main drive and from a laptop with the G5 as a target disk. Made new users=nothing.
Started in safe mode and used terminal to fsk the HD.
NOw I will try to install safari from the laptop to see if safari is the rascal.
Disappointed in the whole thing, basically I am stuck with no mail, no apple Tv, and although there are work arounds, this is not what I need, Thanks Apple!